Steady Treading for the Global Tire Market, Global Markets to Reach 1.81 billion units, Qatar Tire Market Revenues to Reach $42 million

FARMINGTON, Conn., March 19, 2013 /PRNewswire-iReach/ -- Between 2009 and 2011, the automotive tire industry in Qatar experienced 8.7 percent compound annual growth. Qatar is one of the most promising automobile markets after Saudi Arabia in Middle Eastern region. With increasing customer demand for high performance tire in the country, demand estimates for global tire manufacturers are emerging very strong.

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The increasing automobile sales, rising per capita income and implementation of strict tire rules to drive the demand for quality tires in Qatar. The tire industry in Qatar is an import dependent market due to unavailability of any tire manufacturing unit in Middle Eastern region which includes Qatar.

According to a new study, "Qatar Tyre Market Forecast & Opportunities", the automobile retreaded tyre market in Qatar is expected to grow at CAGR of 7.41% by value to reach $42 million in revenues by 2018.

Learn more and request free sample pages from the full report at http://www.giiresearch.com/report/tsci264515-qatar-automobile-tyre-market-forecast.html

A recently released report by Technavio Research, "Global Commercial Vehicle Tire Market 2012-2016" forecasts the global commercial vehicle tire market will reach 1.81 billion units by 2016. One of the key factors contributing to this market growth is the steady economic growth in the APAC region. The Global Commercial Vehicle Tire market has also been witnessing increasing demand for radial and tubeless tires. However, the increase in retreading of tires poses the biggest challenge in the Global Commercial Vehicle Tire market.

Learn more and request free sample pages from the full report at http://www.giiresearch.com/report/infi261587-global-commercial-vehicle-tire-market.html

Just-auto, the automotive industry's leading online resource for automotive information, insight and intelligence, has also released the latest version of the popular "Global market review of automotive tyres" report. Based on exclusive interviews, primary research and proprietary data, this global market study provides a comprehensive overview of the global automotive tyres sector, major suppliers, top 14 markets, technology trends and market size forecasts out to 2026.

Learn more and request free sample pages from the full report at http://www.giiresearch.com/report/jusa204712-global-market-review-automotive-tyres-forecasts.html

Find more market research for the tires and car parts industry

With nearly 30 years of market research experience, Global Information, Inc (GII) is the single best resource for companies entering new markets, expanding their business, and securing their positions in their respective industries. With tens of thousands of reports from over 400 publishers in nearly every vertical market, our market research and forecast data can give companies the edge they need to stay ahead of the competition and plan for every contingency.

The reports above are just a few examples from the hundreds of research reports we have available for the automotive and car parts markets. For a free consultation on the market research you need, contact us today!

 About Global Information Inc. Global Information (GII) (http://www.giiresearch.com) is an information service company partnering with over 300 research companies around the world. Global Information has been in the business of distributing technical and market research for more than 25 years. Expanded from its original headquarters in Japan, Global Information now has offices in Korea, Taiwan, Singapore, Europe and the United States.

Media Contact: Jeremy Palaia Global Information, Inc., 1-860-674-8796, Press@gii.co.jp

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SOURCE Global Information, Inc.



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